Gap Inc’s namesake brand reported a bigger-than-expected drop in quarterly same-store sales that outweighed revenue and profit beat and pushed the company’s shares down nearly 7 percent in after-market trading on Thursday.
HP Inc reported better-than-expected quarterly results and raised its full-year adjusted profit forecast on Thursday as it benefits from strong growth in its personal systems business and its acquisition of Samsung’s printer business.
MOUNTAIN VIEW, Calif. (AP) _ Intuit Inc. (INTU) on Thursday reported fiscal fourth-quarter net income of $49 million. The results exceeded Wall Street expectations. For the current quarter ending in November, Intuit expects its per-share earnings to range from 9 cents to 11 cents. …read more […]
Wall Street’s major indexes fell on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China.
On a per-share basis, the San Rafael, California-based company said it had a loss of 18 cents. Earnings, adjusted for stock option expense and restructuring costs, came to 19 cents per share. The results … …read more […]
Former Tesla employees are joining Apple in high numbers as the hardware juggernaut embarks on tighter controls of its manufacturing. …read more […]
Federal Reserve policymakers broadly agree that U.S. interest rates should rise further this year and next, despite U.S. President Donald Trump’s displeasure with such a plan, two policymakers’ comments underscored on Thursday.
Federal Reserve policymakers broadly agree that U.S. interest rates should rise further this year and next, despite U.S. President Donald Trump’s displeasure with such a plan, two policymakers’ comments underscored on Thursday.
Oil and copper prices edged lower on Thursday as the U.S.-China trade dispute escalated while global equity markets fell as gains in U.S. technology shares failed to offset declines in commodity-related and trade-sensitive stocks.
General Mills Inc agreed to stop calling the oats in its Nature Valley granola bars 100 percent natural to settle a lawsuit by three consumer groups that said the bars contained small amounts of the pesticide commonly known as RoundUp.
HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported a 26.4 percent rise in quarterly profit on Thursday, due to strength in its personal systems that sells notebooks and desktops.
Wall Street’s major indexes fell on Thursday as trade-sensitive stocks were hit by a new round of tariffs in the trade dispute between the United States and China.
The S&P 500 and Dow Industrials moved lower on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the ongoing trade dispute between the United States and China.
The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington.
Jonathan Corpina of Meridian Equity Partners joins Yahoo Finance’s Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Here’s the performance of select trending stocks as of 1:30 pm ET:
TRXC(HB) TransEnterix Inc 8.64%
SRPT Sarepta Therapeutics Inc 4.32%
JCP(HB) Penney (J.C.) 4.02%
CGC(HB) Canopy Growth 3.48%
HUYA(HB) HUYA Inc 3.38%
NVDA Nvidia Corp 3.21%
CHK Chesapeake Energy Corp 2.74%
SHOP(HB) Shopify Inc 2.69%
NFLX Netflix Inc 1.88%
SQ Square Inc 1.75%
RAD Rite Aid 1.74%
AMD Advanced Micro Devices Inc 1.67%
NKTR(0) Nektar Therapeutics 1.52%
ADBE Adobe Systems 1.49%
PBR Petroleo Brasileiro S.A. ADS 1.51%
SDRL(HB) Seadrill Limited 1.41%
ARWR(0) Arrowhead Pharma Inc 1.35%
HMNY(HB,F) Helios and Matheson Analytics 1.34%
KMI Kinder Morgan Inc 1.31%
BP BP P.L.C. ADS 1.26%
XOM Exxon Mobil 1.21%
V Visa Inc 0.94%
ORCL Oracle Corp 0.91%
MSFT Microsoft Corp 0.91%
CVX Chevron Corporation 0.90%
CRM salesforce.com Inc 0.85%
PYPL PayPal Hldgs Inc 0.80%
AMZN Amazon.com Inc 0.77%
MU Micron Tech 0.70%
GERN(HB) Geron Corp 0.72%
GILD Gilead Sciences 0.70%
SIRI Sirius XM Hldgs Inc 0.65%
ROKU Roku Inc Cl A 0.60%
CVS CVS Health Corp 0.57%
WFC Wells Fargo 0.53%
X U.S. Steel Corporation 0.55%
CSCO Cisco Systems 0.51%
GOOG Alphabet Inc Cl C Cap Stock 0.39%
QCOM Qualcomm Inc 0.37%
BB BlackBerry Ltd 0.35%
FB Facebook Inc 0.31%
QQQ Invesco …read more […]
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